The Commodity Exchange Act requires that every futures and options contract be traded openly and competitively, except for certain authorized noncompetitive transactions. Block trades and Exchange for Related Positions (EFRPs) are the primary noncompetitive trades authorized by Exchange rules.
Noncompetitive Trading Training Course
COURSE TYPE: Noncompetitive Trading
LENGTH OF COURSE: Approximately 40-50 minutes; you may save your progress and return to the program as often as needed.
PRICE: Call or email for pricing; corporate volume discounts available.
FREQUENCY: As determined by firm or customer
COURSE OUTLINE AND PROVIDER QUALIFICATIONS: Download PDF
WHAT'S INCLUDED: Interactive course delivered via secure LMS platform; course completion confirmation to trainee and firm; electronic record archiving; on-demand record retrieval. There is no audio track on this course.
While Noncompetitive Trading training is not currently a regulatory requirement, a number of firms requested that we develop this course. During regulatory inquiries, firms may be asked if they have provided training in this area.